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A company carries out small building work for domestic customers. A customer asked the company to quote a price for building an extension at the
A company carries out small building work for domestic customers. A customer asked the company to quote a price for building an extension at the back of his house. The company's estimator has come up with the following estimated costs: Direct Material Rs. 12,500 Direct Labor Rs. 14,000 Direct Expenses Rs. 1500 FOH 75% of Direct Labor Cost Office Overheads 40% of Production Cost Profit Mark-up 22% of Total Cost Required : a. Calculated The cost of the Job
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